Mastercard shares rose nearly 1% in early trading

Mastercard shares rose nearly 1% in early trading.

Mastercard has acquired Arcus FI, an alum of the company’s Start Path program, to help support the delivery of bill pay solutions and other real-time payment applications across Latin America.

Arcus helps to enable bill pay and cash-in, cash-out services for some of the biggest billers, retailers, fintechs and traditional financial institutions in the U.S. and Mexico, with expansion into Latin America.

Arcus Pay Network, has access to the largest retailers and direct connection with many of the largest billers in Mexico.